Tim Draper wore a Bitcoin tie on Fox News because fashion is dead

The big-time VC has a thing for novelty ties
 By 
Marcus Gilmer
 on 
Original image replaced with Mashable logo
Original image has been replaced. Credit: Mashable

I'll say this for venture capitalist Tim Draper: he is fully committed to the gimmick.

Appearing on the Fox News show of sentient bowtie Tucker Carlson, Draper donned a Bitcoin tie and big Bitcoin broach to discuss his plan to divide the state of California up into three separate states: Northern California, Southern California, and Bitcoinlandia California.

While the "Cal 3" plan is Draper's big current initiative -- he says the proposal has garnered enough signatures to qualify for the November ballot -- Draper is a huge proponent of Bitcoin and has been for a while, having scooped up thousands of bitcoin seized from dark web marketplace Silk Road and auctioned off by the U.S. government.

Besides appearing on Carlson's show, Draper also hosted a 2018 Block (Chain) Party on Thursday night where he came away with rather lofty expectations for the future value of the volatile cryptocurrency.

As for the tie, Draper actually has worn a Bitcoin tie before, and he has a penchant for questionable tie choices overall. Most prominent is the tie he used to flash for his previous splitting up California plan, Six Californias.

Maybe once Bitcoin hits that high value again, Tim can afford some slightly more stylish ties.

Via Reddit

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Marcus Gilmer

Marcus Gilmer is Mashable's Assistant Real-Times News Editor on the West Coast, reporting on breaking news from his location in San Francisco. An Alabama native, Marcus earned his BA from Birmingham-Southern College and his MFA in Communications from the University of New Orleans. Marcus has previously worked for Chicagoist, The A.V. Club, the Chicago Sun-Times and the San Francisco Chronicle.

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